Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Grindr Inc shares valued at $480,942 were sold by GEARON J MICHAEL JR on Jun 03 ’25. At $24.75 per share, GEARON J MICHAEL JR sold 19,432 shares. The insider’s holdings dropped to 5,480,568 shares worth approximately $126.71 million following the completion of this transaction.
Also, GEARON J MICHAEL JR sold 249,700 shares, netting a total of over 6,102,668 in proceeds. Following the sale of shares at $24.44 each, the insider now holds 6,090,959 shares.
Before that, GEARON J MICHAEL JR had sold 250,300 shares from its account. In a trade valued at $6,089,799, the Director traded Grindr Inc shares for $24.33 each. Upon closing the transaction, the insider’s holdings decreased to 250,300 shares, worth approximately $146.6 million.
As published in their initiating research note from Goldman on December 16, 2024, Grindr Inc [GRND] has been a Buy and the price target has been revised to $20. Analysts at Raymond James resumed the stock at ‘”an Outperform”‘ outlook in a report released in late June. As of June 27, 2024, JMP Securities has reiterated its “Mkt outperform” rating for GRND. Earlier on April 04, 2024, Raymond James initiated its rating. Their recommendation was “an Outperform” for GRND stock.
Analyzing GRND Stock Performance
On last trading session,, Grindr Inc [NYSE: GRND] plunged -0.60% to $23.12. The stock’s lowest price that day was $22.7738, but it reached a high of $23.5416 in the same session. During the last five days, there has been a drop of approximately -0.60%. Over the course of the year, Grindr Inc shares have jumped approximately 29.60%.
Support And Resistance Levels for Grindr Inc (GRND)
RSI (Relative Strength Index) is 49.79 on the 14-day chart, showing neutral technical sentiment.
Is Grindr Inc subject to short interest?
Stocks of Grindr Inc saw a sharp steep in short interest on 2025-05-30 dropping by -0.72 million shares to 6.0 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 6.72 million shares. A decline of -12.03% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.92 of the overall float, the days-to-cover ratio (short ratio) decline to 2.92.
Which companies own the most shares of Grindr Inc (GRND)?
In terms of Grindr Inc share price expectations, FactSet research, analysts set an average price target of 22 in the next 12 months, down nearly -5.42% from the previous closing price of $23.26. Analysts anticipate Grindr Inc stock to reach 22 by 2025, with the lowest price target being 22. In spite of this, 3 analysts ranked Grindr Inc stock as Buy at the end of 2025. On April 02, 2024, JMP Securities assigned a price target of “a Mkt outperform” to the stock and initiated coverage with a $14.
